Photobucket Bought by Fox Interactive PDF Print E-mail
Written by NewsWatch   
Thursday, 31 May 2007

NEW YORK - MySpace-owner Fox Interactive Media said Wednesday it will buy photo-sharing site Photobucket and Flektor Inc., a provider of Web-based photo editing software, to give its more than 100 million unique visitors tools to create their own content.

Terms of the deals were not disclosed. Earlier, a source familiar with the talks said the Photobucket deal was worth about $250 million. A separate source said on Wednesday the Flektor deal was worth about $20 million.(Reuters)





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